Fullerton names China WFOE head; Bank of Singapore opens in DIFC; BNY Mellon appoints Korea chief; Sun Life replaces HK CEO, shuffles team; Insight adds in Australia distribution; NNIP forms responsible investment team; Northern Trust buys UBS fund servicing units.
Number two in AsianInvestor's 10 predictions for the coming Year of the Rooster is: how many rate hikes will the US make this year?
Investors are worried about the risk of a Marine Le Pen victory in France's upcoming election. But Brexit reveals that economics often trumps politics when it comes to asset movements.
AsianInvestor has sought to answer 10 big questions for the coming Year of the Rooster, based on discussions with market experts. First up: will there be a US-China trade war?
The Swiss multi-family office is buying more Asian high yield and emerging-market debt despite concerns over a strong dollar, but it is wary of US equities.
Family office Nutrimenta names new Asia CEO; Credit Suisse adds RMs; CR Yuanta Fund replaces GM; Indosuez WM hires duo; Maybank AM CEO exits; Sun Life appoints Asia marketing chief; RBC WM appoints international head; Principal Financial's Asia chair retires.
Yet Asia-based private equity firms view fundraising as their main concern, according to research house Preqin. Meanwhile, mid-market buyout deals are in high favour.
But getting investors to allocate more capital to the asset class may rest on a more rational approach to fees, says manager selection specialist Robert Mullane.
With the UK planning a hard separation from the European Union in 2019, Asian service providers in London need to start making plans.
Global investable reserves are to swell $300 billion by 2020, most of which is likely to go into active fixed income and stock index strategies, finds research by State Street Global Advisors.
So say M&G and Savills Investment Management. The latter has won two Japan property mandates this year, is readying more Asia funds and is eyeing a Korean office. The former has a new research head.
However, they say Asian bond markets in general are likely to weather the rising trade tensions with the US better than many expect.
But investors in Europe and the US have stricter criteria than their Chinese counterparts as to what constitutes a green bond.
The two private banks have struck a deal that industry observers say makes sense for the firms and their clients and reflects a rising trend for wealth management alliances.
Indosuez WM replaces Asia head of markets and investment solutions; St James's Place to build discretionary team in Asia; HP Wealth Management adds two hires; StanChart names vice chairman of securities services; Legg Mason appoints new board members.
The wealth manager is likely to add equity products and favours long/short hedge funds. It is also seeking macro managers and eyeing smart beta and risk premia strategies.
The newly appointed chief investment strategist for official institutions at State Street Global Advisors sees the potential for Asian central banks to put as much as $1.5 trillion into stocks.
Investors want more access to less common sources of information, such as private company and real-time data, but they face hurdles in doing so, finds Greenwich Associates.
The list includes scoops such as Syz's exit from Asia and Chinese plans to issue new QDLP rules; details of big pension funds' mandates; and in-depth analysis of private equity issues.
Watch out for a rising dollar, say fixed income fund managers, who believe the second half of 2017 will drive performance of debt in certain markets, in a reversal of what happened last year.